According to ToughBuilt Industries 's latest financial reports and stock price the company's current Operating Margin is -60.89%. At the end of 2023 the company had an Operating Margin of -60.90%.
Year | Operating Margin | Change |
---|---|---|
2023 | -60.90% | 47.62% |
2022 | -41.25% | -23.02% |
2021 | -53.59% | 21.81% |
2020 | -43.99% | 95.27% |
2019 | -22.53% | -87.54% |
2018 | -180.85% | 332.29% |
2017 | -41.84% | -18.52% |
2016 | -51.34% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | -60.89% | 0.00% | ๐บ๐ธ USA |
![]() | -1.42% | -97.67% | ๐บ๐ธ USA |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.